British corporate advisory group Maplecroft has designated North Korea, Myanmar and Somalia as the worst places to do business in the world.

Maplecroft said in a recent report that North Korea ranked third among a survey of 173 countries to slate the most dangerous nations for carrying out corporate activities.

Last Thursday, North Korea was also chosen as one of the most unfavorable places to do business among 179 countries in a recent survey conducted by U.S. conservative think tank Heritage Foundation and the Wall Street Journal.